Thursday, December 1, 2011

Foreclosures halted for the holidays. 89,000 homes on average are auctioned a month.

Foreclosures halted for the holidays
Fannie Mae, Freddie Mac and several other major mortgage lenders are putting a freeze on foreclosures until after the New Year.  Every month about 89,000 homes in the country are being auctioned.   The next step is eviction.

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